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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Time to cut losses? Posted by Albert on October 09, 2001 at 7:00 AM In Reply to: Unloading a condo... posted by Alfred CA on October 08, 2001 at 6:36 PM 1. Calculate the cost of keeping the property until it sells. 2. Substract it from the fair market value of the condo. (Tough to calculate this one, since no unit has sold in the last two years). 3. Offer condo for sale at the new reduced price. 4. Reduce the price even further, if you have to. Basically, you can always find a buyer for any property, if you have flexibility in setting the price. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : 1. Calculate the cost of keeping the property until it sells. : 2. Substract it from the fair market value of the condo. (Tough to calculate this one, since no unit has sold in the last two years). : 3. Offer condo for sale at the new reduced price. : 4. Reduce the price even further, if you have to. : Basically, you can always find a buyer for any property, if you have flexibility in setting the price. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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